As the future of the African Growth and Opportunity Act (Agoa) hangs in the balance, the stakes for the continent’s economies have never been higher. Buyers are weighing whether to cancel orders, exporters face mounting uncertainty, and investors are holding back on investment decisions.
Agoa is the cornerstone of United States-Africa trade policy, providing duty-free access to the US market for over 6,000 products from eligible African countries. It is set to expire at the end of this month—unless Congress renews it—with immediate consequences for both African and American stakeholders.
